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The Boston Red Sox is a Major League Baseball team located in Boston, Massachusetts, and play in the Eastern Division of the American League. The Boston Red Sox team was founded in 1893, as the Toledo, Ohio franchise in the minor Western League. Moved to Boston when that league became the American League in 1900. The team name Red Sox was chosen by owner John I. Taylor in 1907, is based on an obsolete form of socks, as in the red footwear worn by the team
 
 

. Previously to that, the team did not have an official nickname and were simply "the Bostons" or "the Boston Baseball club"; some newspaper writers referred to them as the Boston Americans or Somersets, but these were unofficial names. The current owners of Boston Red Sox are, John Henry and Tom Werner, who paid $660 million and assumed $40 million in debt, in February 2002. The purchase includes Fenway Park and 82 percent of New England Sports Network. The purchase price set a record for a major league baseball franchise. The Current Payroll for the Red Sox in 2004, is $131 million, $51 million shy of the New York Yankees, making them the second highest paid team in Major League Baseball (MLB). The Red Sox home ballpark is Fenway Park, the oldest Major League Baseball Stadium. The Red Sox Mascot is Wally the Green Monster, named after the physical Green Monster, the uniform colors are navy blue, red, white and the logo design are two hanging red socks with white heels and toes, over a white baseball surrounded by the words Boston and Red Sox. The word Boston is in navy blue outlined in red, the words Red Sox are in red outlined in navy blue, and the entire logo is surrounded by a thick red circle. The following players are in the current roster for the Boston Red Sox; Matt Clement, Alan Embree, John Halama, Matt Mantei, Mike Timlin, Curt Schilling, Tim Wakefield, David Wells, Doug Mirabelli, Byung-Hyun Kim, Bronson Arroyo, Keith Foulke, Wade Miller, Jason Varitek, Mark Bellhorn, Doug Mientkiewicz, Bill Mueller, Edgar Renteria, Kevin Youkilis, David Ortiz, Kevin Millar, Trot Nixon, Jay Payton, Manny Ramirez, Adam Stern, Adam Hyzdu and Johnny Damon. In 2001, the Boston Red Sox signed superstar slugger Manny Ramirez off the free agent market. Ramirez's impact was felt immediately. He clubbed a three-run homer in the first pitch he saw in a home uniform at Fenway Park. On April 4, Hideo Nomo pitched Boston's first no-hitter since 1965. In 2002, the Boston Red Sox began a new era, as the ownership group led by John Henry, Tom Werner and Larry Lucchino officially took over on Feb. 27. The next day, General Manager Dan Duquette was fired and replaced on an interim basis by Mike Port. On March 5, Joe Kerrigan was fired as manager. He was replaced on March 11 by Grady Little, who had formerly been a coach in Boston under Jimy Williams. The Red Sox went 93-69 under Little, but missed the playoffs for the third straight year. Pedro Martinez and Derek Lowe gave the Sox their first 20-win tandem since 1949. Red Sox players will no longer be force fed history lessons on the generations of championship futility that preceded them. The heartbreak is officially over, thanks to a historic odyssey that arguably now earns top shelf status as the biggest story in the history of Boston sports. The entire culture of the Boston Red Sox changed that night at Busch Stadium, as the tradition laden franchise carted home its sixth World Series championship, but first since 1918. That's right, the 86-year drought officially came crashing down after the Sox completed their four game sweep of the Cardinals with a 3-0 victory in Game 4. The Cardinals didn't even take a single lead in this Fall Classic. The Red Sox became the fourth team in history to never trail during the World Series, becoming the first to do so since the 1989 Oakland Athletics. There was nothing left for the Sox, who became the third straight Wild Card team to win the Fall Classic.

 
     
 
 
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